1Q20
BROWNSTONE BROOKLYN MARKET REPORT
Brownstone Brooklyn Market Report 1Q20 Dear Reader, As we all navigate through these unprecedented times, Engel & Völkers Brownstone Brooklyn will continue to be your reliable source for the facts regarding closed sales of 1- to 4-family townhouses and condominiums in the Brooklyn neighborhoods we cover in our report.
Townhouses Over $354MM worth of 1- to 4-family townhouses traded hands in 1Q20, versus $423MM during 1Q19, a decrease of $69MM, or 16.3%. Transaction volume decreased 17.2% compared to last year. The average sales price increased slightly, to approximately $2,109,000. A marketwide overview and notable transactions appear on page 12 of this report.
Condominiums Approximately $326MM worth of condominiums sold in 1Q20, versus $434MM during 1Q19, a decrease of $108MM, or 24.9%. The number of transactions dropped 24.0% but year over year average price per square foot was largely unchanged at 0.1% to $1,142. The average sales price moved down modestly by 1.2%. A market-wide overview and other notable condominium transactions appear on page 13 of this report.
“How’s the Market?” Videos In order to stay up to date on current market conditions and trends in your neighborhood please follow us on Instagram @evbrownstonebrooklyn, where we post our neighborhood and property type specific “How’s the Market?” videos. We provide insights and guidance you won’t find anywhere else. If you have a question about this report or if you need help understanding the value of your specific real estate holdings, please don’t hesitate to contact me directly. My insights and advice are complimentary. Stay Safe & Stay Informed,
Donald P. Brennan, Jr. License Partner | Real Estate Broker Engel & Völkers Brownstone Brooklyn Brennan Realty Services, LLC 45 Main Street, Suite 1022 Brooklyn, NY 11201 Email: donald.brennan@evrealestate.com Cell: (917) 568-6525 Web: brownstonebrooklyn.evrealestate.com My Instagram: @donaldbrennan.trustedadvisor Firm Instagram:@evbrownstonebrooklyn
ENGEL&VÖLKERS DEVELOPMENT
ENGEL&VÖLKERS
YACHTING
ENGEL&VÖLKERS COMMERCIAL
ENGEL&VÖLKERS RESORTS
Neighborhoods Summary
4
Brooklyn Heights
5
Cobble Hill
6
Carroll Gardens
7
Columbia Street Waterfront District
8
Boerum Hill
9
Gowanus
10
Fort Greene
11
Clinton Hill
14
Prospect Heights
15
Park Slope
16
Bedford-Stuyvesant (West)
17
Bedford-Stuyvesant (East)
18
Downtown Brooklyn
19
Greenpoint
20
Williamsburg
21
DUMBO
22
Townhouse Market Neighborhood Overview
12
Condominium Market Neighborhood Overview
13
Exclusive Listings
23
Notes
31
1Q 2020 Market Report | 4
BROWNSTONE BROOKLYN Townhouse Summary The townhouse market saw a decrease in
1 to 4 Family Townhouses
transactional activity to 168 compared to last quarter at 177 sales. On the quarter, PPSF increased by 7.26%. On the year, while average sales price increased marginally, PPSF decreased by a similar degree. The four-quarter trailing average is $794 PSF and over $2.1MM gross.
5.08% AVERAGE SALES PRICE INCREASE QUARTER OVER QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
average sales price increased by 5.08% and
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,109,949
5.08%
$2,007,969
1.18%
$2,085,405
$793
7.26%
$740
-1.27%
$804
$1,838,750
2.21%
$1,799,000
-7.37%
$1,985,000
168
177
203
$20.0
$2500 $2,500
$16.0
$2,000 $2000
$12.0
$1,500 $1500
$8.0
$1,000 $1000
$4.0
$500 $500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary The condominium market saw a slight
Condominium Units
increase in transactions at 244 compared to last quarter but still a substantial decrease price was up 16.08% on the quarter, overall it is level on the year and for both counts of PPSF. The four-quarter trailing average is $1,192 PSF and under $1.4MM gross.
$1.34MM AVERAGE SALES PRICE THIS QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
in year-over-year sales. While average sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,335,822
16.08%
$1,150,789
-1.18%
$1,351,798
$1,142
-0.31%
$1,146
0.14%
$1,141
$1,197,000
20.30%
$995,000
6.87%
$1,120,075
244
233
321
$20 $20.0
$2000 $2,000
$16.0 $16
$1,600 $1600
$12.0 $12
$1,200 $1200
$8.0 $8
$800
$4.0 $4
$400
$0.0 $0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 5
BROOKLYN HEIGHTS Townhouse Summary There was only 1 townhouse transaction in
1 to 4 Family Townhouses
Brooklyn Heights during the quarter. The deal included the two-family home at 57 Willow jointly for $10.8MM, or $3,816 PSF, which is significantly above price trends over the last year. The four-quarter trailing average is $1,757 PSF and just over $5.8MM gross.
$1,757 AVERAGE PPSF OVER TRAILING FOUR QUARTERS
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
Street and a lot for off-street parking, sold
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$10,800,000
128.17%
$4,733,333
326.88%
$2,530,000
$3,816
175.31%
$1,386
316.29%
$917
$10,800,000
148.28%
$4,350,000
326.88%
$2,530,000
1
3
1
$15.0 $15.0
$4000 $4,000
$12.0 $12.0
$3,200 $3200
$9.0 $9.0
$2,400 $2400
$6.0 $6.0
$1,600 $1600
$3.0 $3.0
$800 $800
$0.0 $0.0
2017 4Q2018 1Q2018 2Q2018 3Q2018 4Q2019 1Q2019 1Q 2017 2018 2018 2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 2020 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
Condo Summary The first quarter saw an increase in transaction
Condominium Units
volume over the previous year to 7. Average sales price increased significantly on the below last year’s average of $5.15MM. With that said, PPSF remains on trend, being slightly up on the quarter by 2.41%. The four-quarter trailing average is $1,387 PSF and over $2.1MM gross.
62.76% AVERAGE SALES PRICE DECREASE YEAR OVER YEAR
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
quarter to $1.9MM, but is still drastically
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,919,429
28.76%
$1,490,750
-62.76%
$5,154,674
$1,389
2.41%
$1,356
-5.94%
$1,476
$2,249,000
39.69%
$1,610,000
-38.95%
$3,683,960
7
4
6
$20 $20.0
$2000 $2,000
$16.0 $16
$1,600 $1600
$12.0 $12
$1,200 $1200
$8.0 $8
$800 $800
$4.0 $4
$400 $400
$0.0 $0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 6
COBBLE HILL Townhouse Summary Townhouse transactions in Cobble Hill
1 to 4 Family Townhouses
decreased slightly to 6 during the first
1Q20
quarter of 2020. The average sales price the year to over $4.2MM. PPSF’s uptick this quarter returned it to levels buyers saw last year. The four-quarter trailing average is $1,301 PSF and over $4.58MM gross.
20.45% AVERAGE SALES PRICE INCREASE YEAR OVER YEAR
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
4Q19
%∆ (Yr)
1Q19
$4,205,833
21.05%
$3,474,375
20.45%
$3,491,667
$1,212
19.22%
$1,017
-0.07%
$1,213
$3,442,500
0.29%
$3,432,500
-1.64%
$3,500,000
6
8
3
$9.0.0 $9.0
$2500 $2,500
$7.2 $7.2.0
$2,000 $2000
$5.4 $5.4.0
$1,500 $1500
$3.6 $3.6.0
$1,000 $1000
$1.8.0 $1.8
$500 $500
(in Millions)
strongly increased on the quarter and for
%∆ (Qtr)
$0.0.0 $0.0
2017 3Q2018 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary The first quarter saw seven transactions.
Condominium Units
While average sales price was up 197.17% on the quarter, it reflected a bounce back to upward trending numbers the Cobble Hill condo market has been trading at. This first quarter’s average sales price was up 44.54% on the year. PPSF increased by 13.93% on the quarter and decreased slightly on the year. The four-quarter trailing average is
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,816,429
197.17%
$611,250
44.54%
$1,256,667
$1,173
13.93%
$1,030
-4.24%
$1,225
$1,795,000
210.82%
$577,500
79.50%
$1,000,000
7
4
6
$1,390 PSF and just over $2.5MM gross.
AVERAGE PPSF THIS QUARTER
$2000 $2,000
$5.6 $5.6.0
$1,600 $1600
$4.2 $4.2.0
$1,200 $1200
$2.8 $2.8.0
$800
$1.4 $1.4.0
$400
(in Millions)
$1,173
$7.0
$0.0 $0.0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 7
CARROLL GARDENS Townhouse Summary Carroll Gardens saw another 6 transactions
1 to 4 Family Townhouses
this first quarter. Average sales price and PPSF increased impressively from the previous quarter and on the previous year. The four-quarter trailing average is $1,135 PSF and just over $3.1MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
$1,188 AVERAGE PPSF THIS QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$3,408,333
26.79%
$2,688,167
20.32%
$2,832,755
$1,188
25.52%
$947
15.46%
$1,029
$3,002,500
8.63%
$2,764,000
5.44%
$2,847,500
6
6
20
$10.0
$2500 $2,500
$8.0
$2,000 $2000
$6.0
$1,500 $1500
$4.0
$1,000 $1000
$2.0
$500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Ten condominium transactions closed in
Condominium Units
Carroll Gardens during the quarter. Although average sales price increased by 22.30% the year. PPSF increased moderately on the quarter and slightly on the year. The fourquarter trailing average is $1,189 PSF and under $1.4MM gross.
$1.39MM AVERAGE SALES PRICE THIS QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
on the quarter, it decreased by 19.20% on
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,388,500
22.30%
$1,135,286
-19.20%
$1,718,500
$1,226
7.30%
$1,143
2.07%
$1,201
$1,450,000
18.37%
$1,225,000
9.43%
$1,325,000
10
7
10
$5.0 $5.0
$2000 $2,000
$4.0 $4.0
$1,600 $1600
$3.0 $3.0
$1,200 $1200
$2.0 $2.0
$800
$1.0 $1.0
$400
$0.0 $0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 8
COLUMBIA STREET WATERFRONT DISTRICT Townhouse Summary There were two townhouse transactions in
1 to 4 Family Townhouses
the Columbia Street Waterfront District this quarter. The four-quarter trailing average is $1,021 PSF and just under $3MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
$1,021 AVERAGE PPSF OVER TRAILING FOUR QUARTERS
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$3,100,000
-
-
-
-
$1,002
-
-
-
-
$3,100,000
-
-
-
-
2
1
-
$5.0
$2500 $2,500
$4.0
$2,000 $2000
$3.0
$1,500 $1500
$2.0
$1,000 $1000
$1.0
$500
$0.0
2017 3Q2018 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Columbia Street Waterfront District saw a
Condominium Units
slight increase in condominium transactions to 7 this quarter. Average sales price moderately up on the year. PPSF is down on both periods, but only slightly on the year. The four-quarter trailing average is $1,154 PSF and just above $1.3MM gross.
3.48% AVERAGE PPSF DECREASE YEAR OVER YEAR
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
decreased to $1.3MM this quarter but is
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,304,000
-13.16%
$1,501,583
6.54%
$1,224,000
$1,124
-10.10%
$1,250
-3.48%
$1,164
$1,275,000
-17.34%
$1,542,500
-9.25%
$1,405,000
7
6
7
$3.75 $3.75
$2000 $2,000
$3.00
$1,600 $1600
$2.25 $2.25
$1,200 $1200
$1.50 $1.50
$800
$0.75 $0.75
$400
$0.00 $0.00
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 9
BOERUM HILL Townhouse Summary There were 3 townhouse transactions in
1 to 4 Family Townhouses
Boerum Hill during the quarter. Average sales price decreased by 17.11% during the year. PPSF increased significantly on both periods, notably by 43.91% on the quarter. The four-quarter trailing average is $1,375 PSF and just over $3.6MM gross.
43.91% AVERAGE PPSF INCREASE QUARTER OVER QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$3,253,333
-17.11%
$3,925,000
16.06%
$2,803,083
$1,724
43.91%
$1,198
24.44%
$1,385
$3,250,000
-17.20%
$3,925,000
5.35%
$3,085,000
3
2
6
$10.0 $10.0
$2500 $2,500
$8.0 $8.0
$2,000 $2000
$6.0 $6.0
$1,500 $1500
$4.0 $4.0
$1,000 $1000
$2.0 $2.0
$500
(in Millions)
quarter but increased by 16.06% for the
1Q20
$0.0 $0.0
2017 3Q2018 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary The volume of Boerum Hill condominium
Condominium Units
sales increased this quarter to 4 transactions. Average sales price was up impressively by 116.93%, but can be explained by the positive skew of the $5.65MM closing of 210 Pacific Street #7 amid the small sample of transactions. With that said, PPSF is significantly up on both periods, notably 25.75% on the year. The four-quarter trailing average is
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,841,750
116.93%
$1,310,000
92.25%
$1,478,167
$1,537
11.31%
$1,381
25.75%
$1,222
$2,350,000
79.39%
$1,310,000
99.15%
$1,180,000
4
2
7
25.75% AVERAGE PPSF INCREASE YEAR OVER YEAR
(in Millions)
$1,285 PSF and just over $1.6MM gross. $7.5
$2000 $2,000
$6.0
$1,600 $1600
$4.5
$1,200 $1200
$3.0
$800 $800
$1.5
$400
$0.0 $0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 10
GOWANUS Townhouse Summary Gowanus saw another 5 transactions this
1 to 4 Family Townhouses
quarter. Average sales price increased by 16.15% compared with the previous quarter PPSF decreased by 3.91% on the quarter, it was up impressively on the year. The fourquarter trailing average is $1056 PSF and over $2.1MM gross.
$1,037 AVERAGE PPSF THIS QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
and increased by 9.4% on the year. While
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,266,000
16.15%
$1,951,000
9.40%
$2,071,250
$1,037
-3.91%
$1,079
26.94%
$817
$1,920,000
-8.57%
$2,100,000
-1.54%
$1,950,000
5
5
8
$5.0
$2,500
$4.0
$2,000
$3.0
$1,500
$2.0
$1,000
$1.0
$500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Gowanus saw 4 condo transactions this
Condominium Units
quarter. While average sales price increased dramatically by 50.32% on the quarter, was level on the quarter but decreased moderately on the year. The four-quarter trailing average is $1,188 PSF and above $1.1MM gross.
50.32% AVERAGE SALES PRICE INCREASE YEAR OVER YEAR
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
it decreased 21.42% on the year. PPSF
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,281,250
50.32%
$852,333
-21.42%
$1,630,464
$1,113
1.71%
$1,094
-9.80%
$1,233
$1,217,500
43.15%
$850,500
-10.63%
$1,362,319
4
6
5
$5.0
$2000 $2,000
$4.0
$1,600 $1600
$3.0
$1,200 $1200
$2.0
$800
$1.0
$400
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 11
FORT GREENE Townhouse Summary Fort Greene saw a decrease in transaction
1 to 4 Family Townhouses
volume to 3 this quarter. Average sales price decreased by 8.27% from the Meanwhile, PPSF increased impressively in both periods, notably to $1,203 PSF on the quarter. The four-quarter trailing average is $927 PSF and under $2.6MM gross.
43.6% AVERAGE PPSF INCREASE QUARTER OVER QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
previous quarter but increased on the year.
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,620,000
-8.27%
$2,856,094
12.88%
$2,321,111
$1,203
43.60%
$838
39.06%
$865
$2,400,000
-2.02%
$2,449,375
-4.00%
$2,500,000
3
8
9
$7.5 $7.5
$2500 $2,500
$6.0 $6.0
$2,000 $2000
$4.5 $4.5
$1,500 $1500
$3.0 $3.0
$1,000 $1000
$1.5
$500 $500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Fort Greene saw 8 condo transactions this
Condominium Units
quarter, which is double of the previous quarter’s volume. Average sales price by 16.10% on the year. PPSF increased to $1,126 this quarter but is still 6.98% down on the year. The four-quarter trailing average is $1,127 PSF and just over $1.1MM gross.
$1,126 AVERAGE PPSF THIS QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
decreased on both periods, more notably
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,098,988
-4.85%
$1,155,000
-16.10%
$1,309,917
$1,126
6.25%
$1,060
-6.98%
$1,211
$1,070,540
-3.99%
$1,115,000
-23.26%
$1,395,000
8
4
12
$3.75
$2000 $2,000
$3.00
$1,600 $1600
$2.25
$1,200 $1200
$1.50 $1.50
$800
$0.75 $0.75
$400 $400
$0.0 $0.00
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 12
Townhouse Market Neighborhood Overview Average Price Per Sq Ft
Average Sales Price
Average SF
Total # of Properties
Gross Transaction Volume
# of Transactions
% of Total Transactions
Brooklyn Heights
$3,816
$10,800,000
2,830
509
$10,800,000
1
1.00%
Cobble Hill
$1,212
$4,205,833
3,382
987
$25,235,000
6
4.00%
Carroll Gardens
$1,188
$3,408,333
2,843
1,461
$20,450,000
6
4.00%
Boerum Hill
$1,724
$3,253,333
2,566
810
$9,760,000
3
2.00%
Columbia Water District
$1,002
$3,100,000
3,079
204
$6,200,000
2
1.00%
Park Slope
$1,036
$2,825,920
2,730
5,588
$79,125,750
28
17.00%
Fort Greene
$1,203
$2,620,000
2,225
1,260
$7,860,000
3
2.00%
Clinton Hill
$930
$2,612,857
2,791
1,376
$18,290,000
7
4.00%
$1,037
$2,266,000
2,276
984
$11,330,000
5
3.00%
Prospect Heights
$846
$2,239,167
2,825
925
$13,435,000
6
4.00%
Williamsburg
$883
$2,073,309
2,597
3,099
$22,806,400
11
7.00%
Greenpoint
$709
$1,687,500
2,419
2,199
$11,812,500
7
4.00%
Bedford-Stuyvesant (West)
$593
$1,669,223
2,906
4,397
$65,099,679
39
23.00%
Bedford-Stuyvesant (East)
$471
$1,187,890
2,618
6,863
$52,267,162
44
26.00%
Downtown Brooklyn
-
-
-
75
-
-
0.00%
DUMBO
-
-
-
4
-
-
0.00%
$793
$2,109,949
2,733
30,741
$354,471,491
168
100.00%
Market*
Gowanus
ALL
* Ranked by “Average Sales Price�
Top 5 Townhouse Sales By Sales Price
Top 5 Townhouse Sales By Price Per Square Foot
Address
Neighborhood
Sales Price
Square Feet
$PSF
1
57 Willow St
Brooklyn Heights
$10,800,000
2,830
$3,816
2
169 Congress St
Cobble Hill
$8,000,000
5,000
3
286 De Graw St
Carroll Gardens
$6,150,000
4
350 Butler St
Park Slope
5
598 2nd St
Park Slope
Rank
Address
Neighborhood
Sales Price
Square Feet
$PSF
1
57 Willow St
Brooklyn Heights
$10,800,000
2,830
$3,816
$1,600
2
143 Bond St
Boerum Hill
$3,250,000
1,008
$3,224
3,600
$1,708
3
286 De Graw St
Carroll Gardens
$6,150,000
3,600
$1,708
$5,103,750
3,432
$1,487
4
169 Congress St
Cobble Hill
$8,000,000
5,000
$1,600
$4,500,000
3,860
$1,166
5
88 Herbert St
Williamsburg
$1,499,000
1,000
$1,499
Rank
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 13
Condominium Market Neighborhood Overview Average Price Per Sq Ft
Average Sales Price
Average SF
Total # of Properties
Gross Transaction Volume
# of Transactions
% of Total Transactions
Boerum Hill
$1,537
$2,841,750
1,704
907
$11,367,000
4
2.00%
Brooklyn Heights
$1,389
$1,919,429
1,415
950
$13,436,000
7
3.00%
DUMBO
$1,380
$2,294,500
1,585
1,266
$22,945,000
10
4.00%
Prospect Heights
$1,360
$1,968,389
1,378
1,544
$15,747,110
8
3.00%
Downtown Brooklyn
$1,238
$1,228,413
992
1,742
$18,426,200
15
6.00%
Carroll Gardens
$1,226
$1,388,500
1,135
733
$13,885,000
10
4.00%
Greenpoint
$1,212
$1,133,664
921
1,313
$19,272,284
17
7.00%
Park Slope
$1,194
$1,426,133
1,195
3,017
$54,193,043
38
16.00%
Williamsburg
$1,190
$1,321,705
1,201
9,805
$87,232,510
66
27.00%
Cobble Hill
$1,173
$1,816,429
1,608
669
$12,715,000
7
3.00%
Fort Greene
$1,126
$1,098,988
973
879
$8,791,901
8
3.00%
Columbia Water District
$1,124
$1,304,000
1,179
746
$9,128,000
7
3.00%
Gowanus
$1,113
$1,281,250
1,188
610
$5,125,000
4
2.00%
Clinton Hill
$1,040
$990,222
945
1,064
$8,912,000
9
4.00%
Bedford-Stuyvesant (West)
$754
$791,476
1,373
2,675
$18,995,427
24
10.00%
Bedford-Stuyvesant (East)
$586
$576,911
1,745
450
$5,769,107
10
4.00%
$1,142
$1,335,822
1,234
28,370
$325,940,582
244
100.00%
Market*
ALL
* Ranked by “Average Price Per Sq Ft�
Top 5 Condominium Sales By Sales Price
Top 5 Condominium Sales By Price Per Square Foot
Address
Neighborhood
Sales Price
1
210 Pacific St #7
Boerum Hill
$5,650,000
2,777
$2,035
2
1 John St #10A
DUMBO
$5,050,000
2,582
$1,956
Rank
Square $PSF Feet
Address
Neighborhood
Sales Price
1
1 Grand Army Plz #PH16W
Prospect Heights
$5,000,000
1,962 $2,548
2
184 Kent Ave #B703
Williamsburg
$4,950,000
1,995 $2,481
3
210 Pacific St #7
Boerum Hill
$5,650,000
2,777 $2,035
Rank
Square $PSF Feet
3
1 Grand Army Plaza Prospect Heights #PH16W
$5,000,000
1,962
$2,548
4
184 Kent Ave #B703
Williamsburg
$4,950,000
1,995
$2,481
4
1 John St #10a
DUMBO
$5,050,000
2,582 $1,956
5
190 S 1st St #PH
Williamsburg
$3,827,813
2,744
$1,395
5
242 Henry St #E
Brooklyn Heights
$2,625,000
1,405 $1,868
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 14
CLINTON HILL Townhouse Summary Clinton Hill saw another 7 transactions
1 to 4 Family Townhouses
this quarter. Average sales price and PPSF increased significantly on the quarter, but both decreased marginally on the year. The
Average Sales Price
four-quarter trailing average is $847 PSF and
Average Price Per Sq Ft
just over $2.2MM gross.
Median Sales Price
27.05% AVERAGE SALES PRICE INCREASE QUARTER OVER QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,612,857
27.05%
$2,056,571
-4.14%
$2,725,688
$930
13.90%
$816
-2.51%
$953
$2,600,000
23.22%
$2,110,000
-5.54%
$2,752,500
7
7
8
$7.5 $7.5
$2500 $2,500
$6.0
$2,000 $2000
$4.5
$1,500 $1500
$3.0
$1,000 $1000
$1.5
$500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Clinton Hill condominium transactions
Condominium Units
remained unchanged this quarter at 9. While average sales price decreased moderately on both periods, PPSF increased slightly on the quarter and was level on the year. The fourquarter trailing average is $1,041 PSF and just above $1.1MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
9.84% AVERAGE SALES PRICE DECREASE QUARTER OVER QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$990,222
-9.84%
$1,098,333
-11.61%
$1,120,307
$1,040
3.55%
$1,004
0.81%
$1,032
$849,000
-29.25%
$1,200,000
-27.50%
$1,170,988
9
9
13
$3.75 $3.75
$2000 $2,000
$3.00 $3.00
$1600 $1,600
$2.25 $2.25
$1200 $1,200
$1.50 $1.50
$800
$0.75 $0.75
$400
$0.0 $0.00
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 15
PROSPECT HEIGHTS Townhouse Summary Prospect Heights saw 6 transactions during
1 to 4 Family Townhouses
the quarter. Average sales price decreased significantly on both periods. PPSF decreased by 4.44% on the quarter and by 11.05% on the year. The four-quarter trailing average is $916 PSF and above $2.4MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
17.07% AVERAGE SALES PRICE DECREASE QUARTER OVER QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,239,167
-17.07%
$2,700,000
-12.96%
$2,572,500
$846
-4.44%
$886
-11.05%
$951
$2,415,000
-10.56%
$2,700,000
-5.20%
$2,547,500
6
2
8
$7.5 $7.5
$2500 $2,500
$6.0 $6.0
$2,000 $2000
$4.5 $4.5
$1,500 $1500
$3.0
$1,000 $1000
$1.5
$500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Prospect Heights saw only 8 condo
Condominium Units
transactions this quarter. Average sales price increased by 62.48% from the previous penthouse closing at 1 Grand Army Plaza. PPSF increased on both periods, averaging 6.65%. The four-quarter trailing average is $1,284 PSF and over $1.5MM gross.
$1.97MM
AVERAGE SALES PRICE THIS QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
quarter, which was due to the $5MM
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,968,389
62.48%
$1,211,469
39.28%
$1,413,280
$1,360
6.83%
$1,273
6.47%
$1,278
$1,741,626
44.53%
$1,205,000
19.37%
$1,459,055
8
12
20
$5$5.0
$2000 $2,000
$4$4.0
$1,600 $1600
$3.0 $3
$1,200 $1200
$2$2.0
$800
$1$1.0
$400
$0.0 $0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 16
PARK SLOPE Townhouse Summary Park Slope saw 28 townhouse transaction
1 to 4 Family Townhouses
during the quarter. While average sales price increased marginally on both periods, PPSF increased on the quarter and decreased on the year. The four-quarter trailing average is $1,054 PSF and just under $3.0MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
2.89% AVERAGE PPSF DECREASE QUARTER OVER QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,825,920
3.20%
$2,738,225
3.78%
$2,723,031
$1,036
5.28%
$984
-2.89%
$1,067
$2,897,500
-4.20%
$3,024,500
2.11%
$2,837,500
28
18
32
$20.0
$2500 $2,500
$16.0
$2,000 $2000
$12.0
$1,500 $1500
$8.0
$1,000 $1000
$4.0
$500 $500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
Condo Summary Park Slope saw an increase to 38
Condominium Units
condominium transactions this quarter. The quarter saw a sizeable 10.22% increase in 8.24% increase. For both periods, PPSF only saw slight increases. The four-quarter trailing average is $1,192 PSF and just under $1.4MM gross.
$1,192 AVERAGE PPSF OVER TRAILING FOUR QUARTERS
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
average sales price, and the year saw an
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,426,133
10.22%
$1,293,943
8.24%
$1,317,532
$1,194
0.87%
$1,184
4.16%
$1,146
$1,407,500
10.31%
$1,276,000
3.11%
$1,365,000
38
29
37
$7.5 $7.5
$2000 $2,000
$6.0
$1,600 $1600
$4.5
$1,200 $1200
$3.0 $3.0
$800
$1.5 $1.5
$400
$0.0 $0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 17
BEDFORD-STUYVESANT (West) Townhouse Summary The first quarter saw 39 townhouse
1 to 4 Family Townhouses
transactions in Bedford-Stuyvesant West, which is on trend with last quarter. The to $1.67MM but is only slightly up on the year. PPSF increased on the quarter and decreased on the year by similar levels. The four-quarter trailing average is $577 PSF and just over $1.5MM gross.
11.41% AVERAGE SALES PRICE INCREASE QUARTER OVER QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
average sales price increased for the quarter
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,669,223
11.41%
$1,498,252
2.69%
$1,625,524
$593
5.50%
$562
-5.11%
$624
$1,600,000
14.49%
$1,397,500
0.00%
$1,600,000
39
40
21
$7.5 $7.5
$2500 $2,500
$6.0 $6.0
$2,000 $2000
$4.5 $4.5
$1,500 $1500
$3.0
$1,000 $1000
$1.5
$500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Another 24 condo transactions closed
Condominium Units
in Bedford-Stuyvesant West this quarter. Although average sales increased nominally year. PPSF had marginal decreases averaging 3.48% on both periods. The four-quarter trailing average is $802 PSF and just under $779K gross.
$791K AVERAGE SALES PRICE THIS QUARTER
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
on the quarter, it decreased by 5.14% on the
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$791,476
0.73%
$785,753
-5.14%
$834,405
$754
-3.59%
$782
-3.36%
$780
$713,794
-6.39%
$762,500
-11.66%
$808,000
24
24
47
$3.75
$2000 $2,000
$3.00
$1,600 $1600
$2.25
$1,200 $1200
$1.50
$800
$0.75
$400
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 18
BEDFORD-STUYVESANT (East) Townhouse Summary Bedford-Stuyvesant East saw another slight
1 to 4 Family Townhouses
dip in transaction volume now to 44 this quarter. Average sales price decreased by PPSF decreased slightly to $471 PSF. A similar downward trend occurred on the year. The four-quarter trailing average is $503 PSF and under $1.3MM gross.
$503 AVERAGE PPSF OVER TRAILING FOUR QUARTERS
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,187,890
-11.58%
$1,343,398
-10.56%
$1,328,086
$471
-7.75%
$511
-8.44%
$515
$1,150,000
-3.77%
$1,195,000
-11.03%
$1,292,500
44
47
42
$3.75 $3.75
$1500 $1,500
$3.0 $3.00
$1,200 $1200
$2.25
$900 $900
$1.50
$600 $600
$0.75
$300 $300
(in Millions)
11.58% from the previous quarter, while
1Q20
$0.0 $0.00
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
Condo Summary Bedford-Stuyvesant East saw a slight increase
Condominium Units
to 10 transactions closed this quarter. Average sales price was up moderately on year. PPSF was up moderately on the quarter and by a greater extent on the year. The four-quarter trailing average is $695 PSF and $640K gross.
15.31% AVERAGE SALES PRICE DECREASE YEAR OVER YEAR
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
(in Millions)
the quarter but was down notably on the
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$576,911
7.83%
$535,000
-15.31%
$681,236
$586
4.47%
$561
10.90%
$529
$539,500
1.79%
$530,000
-15.50%
$638,444
10
6
8
$2.0 $2.0
$1500 $1,500
$1.6 $1.6
$1,200 $1200
$1.2
$900 $900
$1.8 $0.8
$600 $600
$0.4 $0.4
$300 $300
$0.0
$0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 19
DOWNTOWN BROOKLYN Townhouse Summary There were no townhouse transactions in
1 to 4 Family Townhouses
Downtown Brooklyn this quarter. The four-
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
Average Sales Price
-
-
-
-
-
Average Price Per Sq Ft
-
-
-
-
-
Median Sales Price
-
-
-
-
-
Number of Sales
-
just under $4MM gross.
$1,240 AVERAGE PPSF OVER TRAILING FOUR QUARTERS
(in Millions)
quarter trailing average is $1,240 PSF and
-
-
$7.5 $7.5
$2500 $2,500
$6.0 $6.0
$2,000 $2000
$4.5 $4.5
$1,500 $1500
$3.0
$1,000 $1000
$1.5
$500
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary Condominium transactions in Downtown
Condominium Units
Brooklyn decreased this quarter to 15. Average sales price increased on both periods by 6.14% and 10.13% respectively. PPSF increased on both periods but by a lesser extent. The four-quarter trailing average is $1,188 PSF and slightly over $1.1MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
6.14% AVERAGE SALES PRICE INCREASE QUARTER OVER QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,228,413
6.14%
$1,157,333
10.13%
$1,115,385
$1,238
5.93%
$1,169
1.44%
$1,221
$1,150,000
0.00%
$1,150,000
15.58%
$995,000
15
18
17
$5$5.0
$2000 $2,000
$4$4.0
$1,600 $1600
$3.0 $3
$1,200 $1200
$2$2.0
$800
$1$1.0
$400
$0.0 $0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 20
GREENPOINT Townhouse Summary Greenpoint saw a drop in transaction volume
1 to 4 Family Townhouses
to 7 during the quarter. While average sales price and PPSF decreased significantly on both periods, the declines on the year are
Average Sales Price
particularly notable with PPSF at $709. The
Average Price Per Sq Ft
four-quarter trailing average is $809 PSF and just under 1.9MM gross.
Median Sales Price
29.80% AVERAGE PPSF DECREASE YEAR OVER YEAR
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
1Q20
%∆ (Yr)
1Q19
$1,687,500
-16.15%
$2,012,626
-21.50%
$2,149,583
$709
-15.63%
$840
-29.80%
$1,010
$1,827,500
-2.59%
$1,876,185
-13.95%
$2,123,750
7
19
6
$7.5 $7.5
$2500 $2,500
$6.0 $6.0
$2,000 $2000
$4.5 $4.5
$1,500 $1500
$3.0
$1,000 $1000
$1.5
$500
$0.0
2017 3Q2018 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary The first quarter in Greenpoint saw a decline
Condominium Units
in transaction volume to 17. Average sales price decreased on both periods, notably by 22.26% on the quarter. PPSF decreased moderately on the quarter and increased slightly on the year. The four-quarter trailing average is $1,406 PSF and just over $1.4MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales
AVERAGE PPSF DECREASE QUARTER OVER QUARTER
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,133,664
-22.26%
$1,458,260
-8.84%
$1,243,652
$1,212
-12.42%
$1,384
4.50%
$1,160
$1,185,000
-3.56%
$1,228,750
7.73%
$1,100,000
17
24
25
$5$5.0
$2000 $2,000
$4$4.0
$1,600 $1600
$3.0 $3
$1,200 $1200
(in Millions)
12.42%
1Q20
$2$2.0
$800
$1$1.0
$400
$0.0 $0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 21
WILLIAMSBURG Townhouse Summary The first quarter saw 11 townhouse
1 to 4 Family Townhouses
transactions in Williamsburg again. The average sales price and PPSF decreased marginally on the quarter to $2.07MM and $883 respectively. PPSF is drastically up on the year. The four-quarter trailing average is $857 PSF and just over $1.9MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
15.19% AVERAGE PPSF INCREASE YEAR OVER YEAR
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,073,309
-0.36%
$2,080,818
9.57%
$1,892,281
$883
-0.20%
$884
15.19%
$766
$1,850,000
-15.91%
$2,200,000
-7.50%
$2,000,000
11
11
16
$7.5 $7.5
$2500 $2,500
$6.0 $6.0
$2,000 $2000
$4.5 $4.5
$1,500 $1500
$3.0
$1,000 $1000
$1.5
$500
$0.0
2017 3Q2018 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
Condo Summary 66 condo transactions closed in Williamsburg
Condominium Units
during the first quarter. While average sales price increased by 22.28% on the quarter, it was level on the year. PPSF was mostly level on the quarter, increasing slightly to $1,190. The four-quarter trailing average is $1,244 PSF and just under $1.3MM gross.
Average Sales Price Average Price Per Sq Ft Median Sales Price
$1,190 AVERAGE PPSF THIS QUARTER
(in Millions)
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$1,321,705
22.28%
$1,080,891
0.35%
$1,317,126
$1,190
1.89%
$1,168
-4.67%
$1,248
$1,147,500
22.73%
$935,000
2.04%
$1,124,538
66
67
84
$7.5 $6.0
$2000 $2,000
$6.0
$1,600 $1600
$4.5
$1,200 $1200
$3.0
$800
$1.5
$400
$0.0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0
All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
1Q 2020 Market Report | 22
DUMBO Condo Summary There were 10 condominium transactions
Condominium Units
this quarter in DUMBO. On the quarter, average sales price increased by 39.06% to $2.29MM, which can largely be attributed to the upward pull of the $5.05MM sale of
Average Sales Price
luxury waterfront new development at 1 John
Average Price Per Sq Ft
Street #10A. Nevertheless, PPSF was level on
Median Sales Price
the quarter and only marginally down on the year. The four-quarter trailing average is
Number of Sales
1Q20
%∆ (Qtr)
4Q19
%∆ (Yr)
1Q19
$2,294,500
39.06%
$1,650,039
1.18%
$2,267,709
$1,380
0.46%
$1,373
-1.11%
$1,395
$2,217,500
42.15%
$1,560,000
11.15%
$1,995,000
10
11
17
$2.29MM AVERAGE SALES PRICE THIS QUARTER
(in Millions)
$1,336 PSF and slightly under $2.0MM gross. $20 $20.0
$2000 $2,000
$16.0 $16
$1,600 $1600
$12.0 $12
$1200 $1,200
$8.0 $8
$800
$4.0 $4
$400 $400
$0.0 $0
2017 4Q2019 1Q2019 20174Q2018 20181Q2018 20182Q2018 20183Q2018 2018 2019 20192Q2019 20193Q2019 20194Q2020 20201Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
PPSF PRICE
$0 $0
Would You Like To Know What Your Property Is Worth? Engel & Völkers Brownstone Brooklyn agents are your local experts— attuned to the fluctuating Brooklyn and Manhattan real estate markets. Let us provide you with a comprehensive and up-to-date complimentary valuation of your property, or a property that you are interested in acquiring. Simply call or email Donald using the contact information noted below. From representing residential buyers and sellers in re-sales and new development (townhouses, condos and co-ops), to landlords and renters of multi-family properties, Engel & Völkers Brownstone Brooklyn is a respected and trusted advisor. Advocacy is central to everything we do. No matter what your goals are, our team has decades of experience to help you reach them. This report was created with contributions from Engel & Völkers Brownstone Brooklyn team members Kyle Gregory and Peyton Yen. Donald P. Brennan, Jr. License Partner | Real Estate Broker Engel & Völkers Brownstone Brooklyn Brennan Realty Services, LLC 45 Main Street, Suite 1022 Brooklyn, NY 11201 Email: donald.brennan@evrealestate.com Cell: (917) 568-6525 Web: brownstonebrooklyn.evrealestate.com All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.
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2 Strong Place SOLD COBBLE HILL Single-Family Townhouse $6,874,000
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2A Strong Place SOLD COBBLE HILL Single-Family Townhouse $4,475,000
388 Henry Street SOLD COBBLE HILL Two-Family $3,700,000
104 Butler Street SOLD BOERUM HILL Four-Family Townhouse $3,250,000
341 Sackett Street, SOLD Penthouse Duplex CARROLL GARDENS Three-Bedroom Condominium $3,200,000
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449 Seventh Street SOLD PARK SLOPE Multi-Family Townhouse $2,815,100
99 Kane Street SOLD COLUMBIA STREET WATERFRONT DISTRICT Two-Family Townhouse $2,800,000
58 Strong Place #1A SOLD COBBLE HILL Three-Bedroom Condominium $ 2,200,000
176 12th Street SOLD GOWANUS Single-Family Townhouse $2,070,000
474 Dean Street SOLD PROSPECT HEIGHTS Two-Family Townhouse $1,995,000
24 Remsen Street, #2 SOLD BROOKLYN HEIGHTS Two-Bedroom Condominium $1,950,000
341 Sackett Street, SOLD Garden Duplex CARROLL GARDENS One-Bedroom + Rec Room Condominium $1,900,000
24 Remsen Street, #3 SOLD BROOKLYN HEIGHTS Two-Bedroom Condominium $1,730,000
36 Cambridge Place SOLD CLINTON HILL Two-Family Townhouse $1,715,000
400 East 56th Street SOLD UPPER EAST SIDE Two-Bedroom Cooperative $1,650,000
225 East 73rd Street, #4A SOLD UPPER EAST SIDE Two-Bedroom Cooperative $1,625,000
20 Pierrepont Street, #6D SOLD BROOKLYN HEIGHTS Two-Bedroom Cooperative $1,550,000
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AM-166828 AM-156387
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Immaculate Italianate Brownstone 32 1st Place · Brooklyn · NY · 11231
Bedrooms · Dormitorio · Schlafzimmer Alcove Studio | Co-op
85 Livingston St #5O · Downtown Brooklyn · NY · 11201 Bathrooms · Baño · Badezimmer
Sq Ft Size · Superficie Construida · Wohnfläche Price · Preccio · Preis Price · Preccio · Prix Brownstonebrooklyn.evrealestate.com
Maintenance · Alimenti · Pension Alimentaire Donald Brennan • C 927-568-6525 • donald.brennan@evrealestate.com www.brownstonebrooklyn.evrealestate.com Deborah 'Debi' Pine C 804-512-1021 debi.pine@evrealestate.com © 2020 Engel
6+ 4.5 6,075 $8,000,000 $495,000 $1,087
& Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real broker,Each thisbrokerage is not an attempt toowned solicit listing. ©2018 Engel & Völkers. Allestate rights reserved. independently andyour operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
ID AM-148134
ID AM-148134
Available Exclusive Listing
Timeless Elegance on Historic Block
16 South Portland Avenue, Fort Green · Brooklyn · NY · 11217
Bedrooms · Dormitorio · Schlafzimmer 5 Timeless Bathrooms 3.5 · BañoElegance · Badezimmer on Historic Block 16 South Portland Avenue, Fort Greene · Brooklyn · NY · 11217 Timeless Historic Block Sq Ft Size · Elegance Superficie Construida ·on Wohnfläche 3760 SF 16 South Portland Avenue, Fort Greene · Brooklyn · NY · 11217 Price · Preccio · Preis $4,250,000 5 Bedrooms • Dormitorio • Schlafzimmer Brownstonebrooklyn.evrealestate.com 3.5 • Baño • Badezimmer Bathrooms 5 Bedrooms • Dormitorio • Schlafzimmer Katriona Campbell-Kearney • C 917-680-3670 • katriona.kearney@evrealestate.com 3760 SF Living Area • Superficie Construida • Wohnflӓche 3.5 • Baño • •Badezimmer Bathrooms Ryan C 214-335-4836 • ryan.roberson@evrealestate.com $4,800,000 Price Roberson • Preccio • Preis 3760 SF Livingwww.evrealestate.com Area • Superficie Construida • Wohnflӓche $4,800,000 Price • Engel Preccio & Völkers.•AllPreis rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. © 2020
Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently
represented by a real estate broker, this is not an attempt to solicit your listing. www.evrealestate.com
© 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.
© 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.
ID AM-149731
ID AM-149731
Available Exclusive Listing
Exquisite Brooklyn Heights Penthouse 24 Remsen Street, PH · Brooklyn · NY · 11201
Bedrooms · Dormitorio · Schlafzimmer 4 Bathrooms 3.5 · Baño · Badezimmer Heights Penthouse Exquisite Brooklyn Exquisite Brooklyn Heights Penthouse Living AreaStreet, Construdia 2,414 SF / 224 SM · Superficie · Wohnzimmer 24 Remsen PH · Brooklyn Heights · NY · 11201 24 Remsen Price Street, PH · Brooklyn Heights · NY · 11201 · Preccio · Preis $4,300,000 Bedrooms · Dormitorio · Schlafzimmer 4 Brownstonebrooklyn.evrealestate.com Bedrooms · Dormitorio Bathrooms··Schlafzimmer Baño · Badezimmer 4 3.5 Campbell-Kearney • C ·917-680-3670 Bathrooms ·Katriona Baño ·Area Badezimmer Living · Superficie Construdia Wohnzimmer • katriona.kearney@evrealestate.com 2,414 SF / 224 SM 3.5 Deborah ‘Debi’ Pine • C 804-512-1021 • debi.pine@evrealestate.com Price · Preccio · Preis Living Area · Superficie Construdia · Wohnzimmer 2,414 SF$/ 4,450,000 224 SM www.brownstonebrooklyn.evrealestate.com Price · Preccio · Preis
www.brownstonebrooklyn.evrealestate.com © 2020 Engel
$ 4,450,000
& Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. © 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.
© 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.
AM-156387 ID AM-155077 AM-156387
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Bespoke Park Slope Townhouse Bespoke Park Bespoke Park Slope Slope Townhouse Townhouse 369 Bergen Street · Brooklyn · NY · 11201 369Bergen BergenStreet Street· Brooklyn · Brooklyn· NY · NY· 11201 · 11201 369
Bedrooms Dormitorio Schlafzimmer Bedrooms ·••Schlafzimmer Bedrooms ·•• Dormitorio Dormitorio Schlafzimmer Trendy Prospect Heights Bathrooms • Baño • Badezimmer Bathrooms Baño Badezimmer 675 Vanderbilt Ave 1C · Brooklyn · NY· 11238 · · Bathrooms • Baño • Badezimmer Sq Ft Superficie Construida Wohnflӓche Sq Sq Ft Ft Size Size ••· Superficie SuperficieConstruida Construida· ••Wohnfläche Wohnflӓche Bedrooms Price • Preccio • Preis Price Preccio Preis · · Price • Preccio • Preis Bathrooms Brownstonebrooklyn.evrealestate.com www.brownstonebrooklyn.evrealestate.com www.brownstonebrooklyn.evrealestate.com
5+ 5+ 5+ 4.5 4.5 4.5 3,040 3,040 3,040 $3,200,000 $3,200,000 1 $3,200,000 1 NA $535,000
Sq Ft Size Betsy Hoffman • C 917-622-3879 • betsy.hoffman@evrealestate.com Price Betsy •• C •• betsy.hoffman@evrealestate.com Betsy Hoffman Hoffman C 917-622-3879 917-622-3879 betsy.hoffman@evrealestate.com Shyda Hoque • •CC 718-570-6182 • shyda.hoque@evrealestate.com Shyda Hoque 718-570-6182 • shyda.hoque@evrealestate.com Shyda Hoque • C 718-570-6182 • shyda.hoque@evrealestate.com Dawn Silverstein Real••Estate Salesperson Samantha Slatwinski CC718-541-1597 • samantha.slatwinski@evrealestate.com Samantha Slatwinski 718-541-1597 •• samantha.slatwinski@evrealestate.com Samantha Slatwinski • C 718-541-1597 samantha.slatwinski@evrealestate.com Email: Dawn.Silverstein@EVrealestate.com © 2020 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Mobile: 917.207.6369 Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently
©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real represented by a real estate broker, thislisting. is not anindependently attempt solicit listing. ©2018 Engel this & Völkers. rights to reserved. Each brokerage owned andyour operated. All information is deemed reliable but is notfully guaranteed should be of independently verified. estate broker, is not anAll attempt solicit your Engel & Völkers to and its independent License Partners areprovided Equal Opportunity Employers and support and the principles the Fair Housing Act.If your property is currently represented by a real ©2018 Engel & rights to reserved. Eachlisting. brokerage independently owned and operated. All information is deemed reliable but is notfully guaranteed should be of independently verified. estate broker, thisVölkers. is not anAll attempt solicit your Engel & Völkers and its independent License Partners areprovided Equal Opportunity Employers and support and the principles the Fair Housing Act.If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
ID AM-155542 ID AM-155542
In Contract
Classic Pre-war Brooklyn Heights 114 Clinton Street, 3G · Brooklyn · NY · 11201
Classic Pre-war Brooklyn Bedrooms · Schlafzimmer Classic· Dormitorio Pre-war Brooklyn Heights Heights 114 Clinton St. 3G · Brooklyn · NY· 11201 Bathrooms Baño 114 Clinton· St. 3G · Brooklyn · NY· 11201 · Badezimmer Sq Ft Size · Superficie Construida · Wohnfläche Bedrooms Bedrooms Price · Preccio · Preis Bathrooms Bathrooms Brownstonebrooklyn.evrealestate.com Sq Ft Size
Sq Ft Size Price Donald Price Brennan • C 927-568-6525 • donald.brennan@evrealestate.com
1 1 NA 11 $595,000 11 NA NA $625,000 $625,000
Dawn Dawn Silverstein Silverstein Real Real Estate Estate Salesperson Salesperson Email: Dawn.Silverstein@EVrealestate.com Email: Dawn.Silverstein@EVrealestate.com © Mobile: 2020 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Mobile: 917.207.6369 917.207.6369
Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently
represented by a real broker,Each thisbrokerage is not anindependently attempt toowned solicit listing. ©2018 Engel & Völkers. Allestate rights reserved. andyour operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real ©2018 Engelthis & Völkers. rightstoreserved. Each brokerage owned and operated. All information is deemed reliable but and is not guaranteed andprinciples should beof independently verified. estate broker, is not anAll attempt solicit your listing. Engelindependently & Völkers and its independent License Partners areprovided Equal Opportunity Employers fully support the the Fair Housing Act. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
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Alcove Studio | Co-op
85 Livingston Street, 50 · Brooklyn · NY · 11201
Alcove Studio Alcove Studio || Co-op Co-opBrooklyn · NY · 11201 Price Prix · Preccio · St 85 Livingston #5O · Downtown
85 Livingston St #5O · Downtown Brooklyn · NY · 11201 Maintenance · Alimenti · Pension Alimentaire
Brownstonebrooklyn.evrealestate.com
Price · Preccio · Prix Price · Preccio · Prix Maintenance · Alimenti · Pension Alimentaire Maintenance · Alimenti · Pension Alimentaire www.brownstonebrooklyn.evrealestate.com Deborah ‘Debi’ Pine • C 804-512-1021 • debi.pine@evrealestate.com www.brownstonebrooklyn.evrealestate.com Deborah 'Debi' Pine C 804-512-1021 Deborah 'Debi' Pine C 804-512-1021 debi.pine@evrealestate.com debi.pine@evrealestate.com © 2020 Engel
$475,000 $1,087 $495,000 $495,000 $1,087 $1,087
& Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
EachEngel property is independently owned and operated. All information provided is deemed reliable but isreliable not guaranteed and should be be independently verified. If your property is represented currentlyby a real ©2018 & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed but is not guaranteed and should independently verified. If your property is currently estate broker, this is not an solicit your listing. Engel &attempt Völkers and its independent License Partners areprovided Equal Opportunity Employers fully support the the Fair Housing Act. If your property is currently represented by a real represented by a real estate broker, this is not an toowned solicit listing. ©2018 Engel & Völkers. Allattempt rights to reserved. Each brokerage independently andyour operated. All information is deemed reliable but and is not guaranteed andprinciples should beofindependently verified. estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
NOTES
Greenpoint
QUEENS
MANHATTAN Navy Yard
Williamsburg
DUMBO Brooklyn Heights
Downtown Brooklyn
Clinton Hill
Cobble Boerum Fort Greene Hill Hill Carroll Gardens Red Hook
Park Slope Greenwood Heights
BedfordStuyvesant
Prospect Heights
Gowanus
Windsor Terrace
Bushwick
Crown Heights
BROOKLYN Lefferts Gardens
Sunset Park
Bay Ridge ©Mapbox
Fort Shop Locations
Hamilton DUMBO – 45 Main Street, Suite 1022
.
Cobble Hill – 221A Court Street
.
Prospect Heights – 663 Vanderbilt Avenue
Engel &Völkers Brownstone Brooklyn Office Phone: (718) 858 8238
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